Dear Sir, Please find the attached Disclosure under Regulation 10(6) of SEBI SAST Regulation 29(2) given by our Promoter Ms. Vijaya Mani towards the transmission his shares from his ....
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Promoter Dr. Mani L.S. passed away, and his 867,750 equity shares (34.45% of paid-up capital) have been transmitted to his wife and nominee Mrs. Vijaya Mani, who is already part of the promoter group. As a result, Mrs. Vijaya Mani's holding increased from 380,750 shares (15.11%) to 1,248,500 shares (49.56%). The transaction is exempt from open offer requirements under Regulation 10(1)(g) of SEBI Takeover Regulations. There is no change in the overall promoter group shareholding, and no shares were bought or sold in the market.
This is a neutral, internal family transmission event with no change in promoter group ownership or any market transaction. Existing shareholders should not expect any impact on the stock price or company control structure.